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A company issues bonds payable on January 1 . The bonds have a par value of $1,000,000 and are issued at par. The journal entry

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A company issues bonds payable on January 1 . The bonds have a par value of $1,000,000 and are issued at par. The journal entry to record the bond issuance will include which of the following? Select one: a. Debit to Interest Expense b. Debit to Bonds Payable c. Credit to Cash d. Credit to Bonds Payable

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